Eneos Holdings
{{Short description|Japanese petroleum company}}
{{Expand Japanese|ENEOSホールディングス|date=November 2024}}
{{Infobox company
| name = ENEOS Holdings, Inc.
| former_name = {{plainlist|
- JX Holdings, Inc. (2010–2017)
- JXTG Holdings, Inc. (2017–2020)}}
| native_name = ENEOSホールディングス株式会社
| native_name_lang = ja
| romanized_name = ENEOSU Hōrudingusu kabushiki gaisha
| logo = ENEOS logo.svg
| logo_size =
| image = 2024 Otemon Tower · JX Building.jpg
| image_caption = ENEOS Holdings headquarters in Tokyo, Japan
| type = Public (Kabushiki gaisha)
| traded_as = {{Tokyo Stock Exchange|5020}}
{{NAG|5020}}
Nikkei 225 component (TYO)
TOPIX Large70 component (TYO)
| foundation = {{Start date and age|2010|04|01}}
| fate =
| predecessors = {{collapsible list|
- Nippon Oil Co., Ltd. (Nisseki, a Caltex affiliate until the 1990s)
- Mitsubishi Oil Co., Ltd.
- Kyushu Oil Co., Ltd.
- Nippon Mitsubishi Oil Corporation (Nisseki Mitsubishi), later Nippon Oil Corporation (Shin-Nisseki)
- Nippon Mining Co., Ltd.
- Kyodo Oil Co., Ltd. (Kyoseki)
- Japan Energy Corporation
- Nippon Mining Holdings, Inc.
- Toa Nenryo Kogyo KK, later Tonen KK
- Tonen Sekiyu Kagaku KK
- General Bussan KK, later General Sekiyu KK (a Mitsui & Co. spinoff)
- Mitsui Oil Supply Co., Ltd., later Mitsui Oil Co., Ltd. (1961 Mitsui & Co. subsidiary)
- Esso Standard Sekiyu KK, later Esso Sekiyu KK
- Mobil Sekiyu KK
- EMG Marketing GK (ExxonMobil)
- TonenGeneral Sekiyu}}
| hq_location = Ōtemachi
| hq_location_city = Chiyoda, Tokyo
| hq_location_country = Japan
| area_served = Worldwide
| key_people = Katsuyuki Ota
{{small|(Chairman)}}
Tomohide Miyata
{{small|(CEO & Executive VP)}}
| industry = Oil and gas
Mining and metals
| products = {{unbulleted list|Fuels|Lubricants|Petrochemicals|Metals}}
| revenue = {{Increase}} JPY {{0|0}}11 trillion (2013){{cite web|url=http://www.hd.jx-group.co.jp/english/ir/library/annual/2012/pdf/jx_en_ar_fy2012.pdf|title=2013 Annual Report|publisher=JX Holdings|access-date=May 16, 2014|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304025347/http://www.hd.jx-group.co.jp/english/ir/library/annual/2012/pdf/jx_en_ar_fy2012.pdf|url-status=dead}}
| operating_income = {{decrease}} JPY {{0|0}}251 billion (2013)
| net_income = {{decrease}} JPY {{0|0}}159 billion (2013)
| assets = {{Increase}} JPY 7.27 trillion (2013)
| equity = {{Increase}} JPY 2 trillion(2013)
| num_employees = 24,691 (2012){{cite web |url=https://money.cnn.com/magazines/fortune/global500/2011/snapshots/6381.html |title=Global 500, JX Holdings |date=October 9, 2013 |publisher=CNN Money}}
| subsid = {{unbulleted list|ENEOS Corporation|JX Advanced Metals|JX Nippon Oil & Gas Exploration}}
| homepage = {{URL|https://www.hd.eneos.co.jp/english/|www.hd.eneos.co.jp}}
}}
{{Nihongo|ENEOS Holdings, Inc.|ENEOSホールディングス株式会社}} is a Japanese global petroleum and metals conglomerate headquartered in Tokyo, Japan. In 2012 the multinational corporation consisted of 24,691 employees worldwide and, as of March 2013, JX Holdings was the forty-third largest company in the world by revenue. It is one of the core companies of the Mitsubishi Group through its predecessor (the original Nippon Oil Company)'s merger with Mitsubishi Oil.
Establishment
ENEOS Holdings was established on April 1, 2010 as JXTG Holdings through the joint share transfer by Nippon Oil Corporation and Nippon Mining Holdings, Inc. On July 1, 2010, all the businesses of both Group Companies were integrated and reorganized under JX Holdings, resulting in the incorporation of three core business companies:{{cite web|url=http://www.hd.jx-group.co.jp/english/about/establishment.html|title=Establishment of the JX Group|publisher=JX Holdings|access-date=October 10, 2013|archive-date=October 23, 2016|archive-url=https://web.archive.org/web/20161023005949/http://www.hd.jx-group.co.jp/english/about/establishment.html|url-status=dead}}
- ENEOS Corporation – petroleum refining and marketing
- JX Nippon Oil & Gas Exploration – oil and natural gas exploration and production
- JX Nippon Mining & Metals – mining and metal
file:TonenGeneral.svg had a 22% stake.{{cite web |url=https://www.bloomberg.com/news/articles/2012-01-04/tonengeneral-slumps-most-in-9-years-after-report-of-exxon-sale |title=Exxon in Talks to Restructure Stake in Japan Refining Unit |website=Bloomberg News |date=January 5, 2012 |access-date=March 6, 2017 |archive-url=https://web.archive.org/web/20160124205721/http://www.bloomberg.com/news/articles/2012-01-04/tonengeneral-slumps-most-in-9-years-after-report-of-exxon-sale |archive-date=January 24, 2016 |url-status=live }}{{cite news |url=https://www.bloomberg.com/news/articles/2012-01-04/tonengeneral-slumps-most-in-9-years-after-report-of-exxon-sale |title=TonenGeneral to Buy Exxon Japan Refining, Marketing Unit for $3.9 Billion |access-date=January 30, 2012 |work=Bloomberg |first1=Yuji |last1=Okada |first2=Jacob |last2=Adelman |date=January 30, 2012 |archive-url=https://web.archive.org/web/20160124205721/http://www.bloomberg.com/news/articles/2012-01-04/tonengeneral-slumps-most-in-9-years-after-report-of-exxon-sale |archive-date=January 24, 2016 |url-status=live }}]]
In April 2017, JX Holdings and TonenGeneral Sekiyu K.K. merged to form JXTG Holdings. JXTG Holdings was renamed in June 2020 to ENEOS Holdings.
Controversy
In August 2022, ENEOS CEO Tsutomu Sugimori resigned for what was described at the time as personal reasons. The following month, however, the company confirmed that the reason for Sugimori's departure was due to allegations that he sexually harassed and injured a woman working at a hostess bar in Okinawa, which were later substantiated. The company's statement followed a report about the incident in a weekly magazine.{{cite web |url=https://english.kyodonews.net/news/2022/09/f9037f4c197a-japan-oil-giant-says-misconduct-against-woman-led-to-ceo-resignation.html|title=Japan oil giant says misconduct against woman led to CEO resignation|date=21 September 2022|publisher=Kyodo News|access-date=19 December 2023}}
In December 2023, Takeshi Saito was dismissed as the president of ENEOS after an independent investigation validated claims that he inappropriately hugged a woman at a social gathering while intoxicated.{{cite web |url=https://english.kyodonews.net/news/2023/12/6f5da28b3067-japan-oil-firm-eneos-pres-dismissed-after-hugging-woman-while-drunk.html|title=Japan oil firm ENEOS president dismissed after hugging woman while drunk|date=19 December 2023|publisher=Kyodo News|access-date=19 December 2023}}
References
{{Reflist}}
{{TOPIX 100}}
{{Nikkei 225}}
{{Petroleum industry}}
{{Authority control}}
Category:Companies listed on the Tokyo Stock Exchange
Category:Companies listed on the Nagoya Stock Exchange
Category:Companies in the Nikkei 225
Category:Automotive companies based in Tokyo
Category:Chemical companies based in Tokyo
Category:Conglomerate companies based in Tokyo
Category:Holding companies based in Tokyo
Category:Manufacturing companies based in Tokyo
Category:Oil companies based in Tokyo
Category:Conglomerate companies established in 2010]
Category:Automotive fuel retailers
Category:Japanese companies established in 2010
Category:2017 mergers and acquisitions
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